Cheapest Way To Transfer Money From Australia To Ireland

Stephen Palmer

I moved to Australia in 2013 and created this blog to help Irish people living in Australia. 10 million visitors later it now has evolved into a job board, flight company and offers support with many services Irish people need when they move to Australia.
Pop over to my resources page(irisharoundoz.com/resources) to find every service and product I recommend.
Thanks for stopping by and hope to see you here again.

The cheapest way to transfer money from Australia To Ireland(Or the other way round).

I get a lot of queries daily on my Facebook page from people who have moved or are moving to Australia, the most common question I get is what is the cheapest way to transfer money from Australia to Ireland?

And today I am going to cover everything you need to know so you don’t need to pay crazy bank fees!

So here’s the deal:

You have just moved to Australia and are looking for the cheapest way to transfer money to your new Australian bank account.

Or you have been in Australia for a few months and needed to send money from Australia to Ireland/UK.

So you might be thinking:

Sure I will just transfer from my Irish bank account to my new Australian one easy!

But

What you might not realise is banks actually charge you 4-6%+ on the exchange rate plus many have “sending” or “receiving fees.”

Well, we have some good news!

There’s never been a better way to send money to Australia.

With CurrencyFair or OFX(Ozforex) sending Euros to Australia is up to 8 times cheaper!

Register here and reserve your five transfers for free with CurrencyFair

Register here and reserve your free transfers for life with OFX over $1000

What companies are the cheapest way to send money to Ireland:

OFX(Previously known as Ozforex), who offer fast & secure, international money transfers and better FX rates than your bank. If you sign up with them here, you get no transaction fees over $1000AU for life, for all Irish Around Oz readers. Great deal and you get a personal broker!

HiFx– They recently acquired XE currency and are certainly another very popular money transfer company. Another excellent choice for international money transfers.

TransferWise– Another great option when sending money to Europe. They offer up to 90% savings when transferring money abroad.

Personally, Irish Around Oz uses CurrencyFair and sometimes OFX when we are doing larger trades; it is up to you on which service you decide best fits you and what you are looking for.

There are also plenty of review sites that you can compare the costs for and against each company. For example Currencies Direct

If you are transferring money to any country besides Ireland, the above will also be perfect for some of the best and cheapest ways to transfer money from Australia.

Interested in finding out how much money you would have saved if had you used them in the past? CurrencyFair has a calculator that you can check out here.

The video below will help you get a clearer understanding of what it is CurrencyFair do and why they offer one of the cheapest ways to transfer money from Australia.

CurrencyFair have their HQ is based in Dublin, but they also have offices in NSW and the UK.

How many times will you send money from Ireland to Australia?

Good question, the amount will vary from person to person.

But why not get find the cheapest way to transfer money from Ireland to Australia.

Imagine if you made even ten transfers a year which is the average amount over two years for Irish people in Oz.

You would save yourself a fortune by using one of these services.

So although you might think it’s just easier to transfer money through your online banking think again.

Why pay the bank?

By using CurrencyFair, you can easily Save 90% on international transfer fees!

What does that mean?

They charge less than 0.35% on the exchange rate compared to 4-6% with Paypal and banks.

Don’t make my mistake and get the cheapest way to transfer money from Australia to Ireland.

How does CurrencyFair work?

Watch this short video explaining exactly how it works

Hope you enjoyed this article and saved yourself some money.

Share this on Facebook, Twitter or with any friends you know of.

Just share the link IrishAroundOz.com/Money with them to bring them to this article.

At the end of the day if you can save money while transferring it why not do it.

Lastly, secure your free transfers and savings even if you are not transferring money today:

Stephen Palmer

I moved to Australia in 2013 and created this blog to help Irish people living in Australia. 10 million visitors later it now has evolved into a job board, flight company and offers support with many services Irish people need when they move to Australia.
Pop over to my resources page(irisharoundoz.com/resources) to find every service and product I recommend.
Thanks for stopping by and hope to see you here again.